Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
Siddarth Bhamre of Angel Broking is of the view that one may prefer Union Bank of India, L&T Housing Finance and Mahindra & Mahindra Financial Services which can show good bounce.
Jonathan Garner, MD of Morgan Stanley is of the view that one may prefer private sector financials stocks.
Here are top stocks to watch on Feb 23 - Tata Global Beverages, IB Real, Hindalco, Sesa Sterlite, Monnet Ispat, Kotak Mah Bank, ING Vysya Bank, Shriram Transport, M&M Financial & Manappuram Gen Finance. Also check Idea, Yes Bank, DLF, JSPL, RIL, Cairn India, Nitesh Estates, Kalpataru Power, Ashoka Buildcon & Hathway Cables.
According to Sudarshan Sukhani of s2analytics.com, one may prefer Mahindra & Mahindra Financial Services.
Sudarshan Sukhani of s2analytics.com recommends buying Mahindra & Mahindra Financial Services HCL Technologies and Axis Bank.
Aashish Tater of FortuneWizard.com recommends buying Mahindra & Mahindra Financial Services and advises selling Apollo Tyres.
VK Sharma of HDFC Securities recommends buying Mahindra & Mahindra Financial Services 260 Call.
Sudarshan Sukhani of s2analytics.com suggests buying Idea Cellular and Hindustan Zinc.
Here are top 10 stocks to keep an eye on January 21 - HDFC, HDFC Bank, ICICI Bank, Mahindra & Mahindra Financials, Suzlon Energy, Tata Motors, Natco Pharma, Crompton Greaves, Excel Crop Care & Praj Industries.
Kunal Saraogi of Equityrush is of the view that one may stay away from Mahindra & Mahindra Financial Services.
Ajay Bodke of Prabhudas Lilladher is of the view that one may stay away from Mahindra & Mahindra Financial Services and prefer HDFC Bank.
With the growth in rural economy expected to remain sluggish in the coming 4-5 quarters, M&M Financials will be under pressure for the coming 3-5 quarter, says Dighant Haria, Antique Stock Broking.
Here are top 10 stocks to focus on January 19 - Reliance Industries, IOC, Axis Bank, Prestige Estates, Wipro, M&M Financials, Oberoi Realty, Symphony, V-Guard and Sesa Sterlite.
According to Amit Gupta of ICICIdirect, Mahindra & Mahindra Financial Services is a buying opportunity at around Rs 320-325.
Sudarshan Sukhani of s2analytics.com is of the view that Mahindra & Mahindra Financial Services may head higher.
Vishal Malkan of malkansview.com advises buying Mahindra & Mahindra Financial Services and selling Jindal Steel & Power.
Devang Mehta of Anand Rathi Financial Services is of the view that one can prefer Rural Electrification Corporation, Power Finance Corporation, LIC Housing Finance and Mahindra & Mahindra Financial Services.
Kunal Saraogi of Equityrush is of the view that one can buy Indian Overseas Bank for a target price of Rs 63 and Mahindra & Mahindra Financial Services for a target price of Rs 340.
Dharmesh Kant of India Nivesh Securities recommends buying Texmaco Rail and Engineering with a target at Rs 150 and SKS Microfinance with a target at Rs 390.
AK Prabharkar, Independent Advisor recommends buying IPCA Labs for a target price of Rs 714 and Union Bank for a target price of Rs 235.
Pankaj Jain of Sunteck Wealthmax recommends buying Texmaco Rail and Engineering with a target price of Rs 131 and Tata Communications with a target price of Rs 479.
Sudarshan Sukhani of s2analytics.com is of the view that one can exit Jaiprakash Associates and advises picking ICICI Bank, State Bank of India and Mahindra & Mahindra Financial Services.
Sudarshan Sukhani of s2analytics.com is upbeat on NBFC space and recommends buying Power Finance Corporation, L&T Finance Holdings and Mahindra & Mahindra Financial Services.
Here are top 10 stocks to keep an eye on November 11 - DLF, Power Grid, Shriram Transport, M&M Financial, Apollo Tyres, Jain Irrigation, Hindalco, Jyoti Structures, HCC and Amtek Auto.
Meghana Malkan of malkansview.com advises buying Ranbaxy Laboratories with a target of Rs 690-710 and IRB Infrastructure Developers with a target of Rs 272-278.